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140 South Westmoreland Avenue

140 South Westmoreland Avenue, Los Angeles, CA 90004
Property in Rampart Village
1 Units For Sale
Unit for sale at 140 S Westmoreland Ave, Los Angeles, CA 90004

$1,995,000

  • 9 Beds
140 S Westmoreland Ave, Los Angeles, CA 90004 Listing by John Swartz

140 South Westmoreland Avenue in Los Angeles, CA was first built in 1982 and is 42 years old. This has been categorized as a residential property type. There are a total of 2 floors. There are a total of 0 rooms in the home, of which, 9 are bedrooms. In terms of bathrooms, there are a total of 7 full bathrooms. There are 7 partial bathrooms. 140 South Westmoreland Avenue has 4,191 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 520 ft and the linear feet between the front and back of the lot is 1,530. In total, the area measurement of the land is 7,916 square feet.

Learn more about the property and building on this page. For those who need parking, there is a garage. The garage is 440 sqft. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The quality of the control joints have been graded by the local assessor with a letter grade of B. The exterior walls of the home are made of stucco. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a heating system. The property was last sold in Mar 10, 2023 for $1,995,000. That's $476.02 per sqft. Prior to that sales transaction, the property was also sold in Dec 6, 2016 for $1,980,000. 140 South Westmoreland Avenue was last assessed in 2023. The total value of the property was assessed at $2,208,721. Specifically, the land the property is located on was valued at $1,325,233. While improvements on the property were assessed at a total of $883,488. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $26,325. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.

Building Features

Parking

Carport
This property description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1982
  • Effective Year Built: 1982
  • Building Count: 1
  • Bedroom Count: 9
  • Bathroom Count: 7
  • Full Bathrooms: 7
  • Partial Bathrooms: 7
  • Building Quality: B
  • Construction Type: Wood
  • Exterior Walls Type: Stucco
  • Floor Count: 2
  • Living Units: 7
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 440
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,916
  • Lot Size Depth Feet: 1,530
  • Lot Size Frontage Feet: 520
  • Total Building Area: 4,191
  • Gross Building Area: 4,191
  • Building Area: 4,191
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 4,191
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 6116
  • Land Acres: 0.182
  • Standard Land Use Code: Apartments (generic)
  • County Land Use Code: Personal property general
  • Legal Description 1: TRACT # 6116 LOT/SEC 13

Ownership

  • Current Owner : 144 WESTMORELAND LLC
  • Previous Owner : 140 SOUTH WESTMORELAND LLC
  • Owner Before Previous Owner: WESTMORELAND AVENUE APARTMENTS LLC
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Los Angeles Unified School District
  • Census Tract: 211420

Zoning

  • Zoning: LAR3

Geography

  • Assessors Map Reference: 34-F6
  • Subdivision Tract Number: 6116
  • Parcel: 5501-016-010
  • Lot: 13
  • Municipality: WEST /WESTLAKE
  • Latitude: 34.0721
  • Longitude: -118.288

    Address

  • Full Address: 140 S Westmoreland Ave
  • Address - House Number: 140
  • Street Direction: S
  • Address - Street Name: Westmoreland
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Los Angeles
  • Zip Code: 90004

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $26,325
  • Tax Rate Code Area: 00-067

    Appraisal Valuation

  • Standard Deviation: 0.221
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 55
  • Final Value: 2,130,455
  • High Value: 2,601,377
  • Low Value: 1,659,532

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,150,000
  • First Open Lien Mortgage Lender: MUFG UNION BANK, N.A.
  • First Open Lien Mortgage Recording Date: Mar 31, 2023
  • First Open Lien Mortgage Loan Amount: $1,150,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,208,721
  • Assessed Land Value: $1,325,233
  • Assessed Improvements Value: $883,488

    Sales

  • Current Sale Contract Date: Mar 10, 2023
  • Current Sale Recording Date: Mar 31, 2023
  • Current Sale Transaction ID: 11904478884
  • Current Sale Price: $1,995,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 206745
  • Previous Sale Recording Date: Dec 13, 2016
  • Previous Sale Contract Date: Dec 06, 2016
  • Previous Sale Amount: $1,980,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: MUFG UNION BANK, N.A.
  • First Mortgage Transaction Date: Mar 31, 2023
  • First Mortgage Loan Amount: $1,150,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Previous Mortgages

  • Previous Mortgage Lender: PACIFIC WESTERN NATIONAL BANK
  • Previous Mortgage Transaction Date: Dec 13, 2016
  • Previous Mortgage Loan Amount: $1,160,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial
  • Previous Mortgage Loan Due Date: Jan 01, 2047

About Central LA



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Frequently Asked Questions

What neighborhood is 140 South Westmoreland Avenue located in?
The 140 South Westmoreland Avenue is a located in the neighborhood of Rampart Village in Central LA, Los Angeles.
How many listings are currently for sale in 140 South Westmoreland Avenue?
There is one unit for sale right now.
What is the average sales price for listings in 140 South Westmoreland Avenue?
The average sales price for units in 140 South Westmoreland Avenue is $1,995,000 currently.

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